That's why I'm very cautious of investing at peaks.

Say if u bought SPY in mid 2000, u then have the dotcom crash and it took 7 years to reach back where it was. Then several months later it crashed 50%. U will say US markets suck big time...

This post has been edited by Cubalagi: Mar 5 2020, 06:24 PM

let's put it this way, how likely is M'sian stock market to reach new peaks over the last 20 or 50 years or whatever time frame, vs other stock market?

I know some ppl are "all markets are equal" or "all things are created equal" or "all countries are the same" believers, but I believe certain markets are better than others. I believe certain countries are better than others.

edit: Having said that, I'm very happy that you're a huge M'sia supporter with a positive attitude. Without you, Malaysia cannot develop. We need more ppl like you here!

This post has been edited by moosset: Mar 5 2020, 07:48 PM

With virus effect only start materializing now, no best shares to take advantage except pharmaceutical or gloves related

Last KLCI peak was April 2018, IIRC it was 1892 points. If BN stayed in power, it would probably have hit 1950 by June that year. But there was a change in govt, and I sold most of my Malaysian stocks during that short rebound tht followed in july/August. Then Public Bank was still RM24, Tenaga RM15+, Maybank still cose to RM10. Many retail.investors were buying then, confident of the Malaysia Baru.

When will KLCI reach back 1900? Will have to see how this Covid-19 plays out and whether this new govt is half competent. But now PAS will be in Federal, yikes.

Haha..maybe I should move back to Malaysia then..😆

This post has been edited by Cubalagi: Mar 6 2020, 01:45 PM

Can suggest some good dividend counters?

Public bank, Nestle

How good

Dividend around 3%. It may seem low but no point chasing high dividend stocks because the share price fall quicker resulting in capital loss.
If want high yield, Maybank is ok too but beware as banks can go bankrupt overnight.

U think Maybank can go bankrupt overnight? Even after BNM declare that Maybank, PBB and Cimb are systematically important institutions?

Important doesn't mean cannot go bankrupt. Low probability doesn't mean impossible.
Just like how people thought that Barings Bank, formerly one of the largest bank in the world, cannot go bankrupt.
All banks are important because they do business with each other and if one collapse, it may affect other banks due to exposure.

Malakoff

Last year paid:
3.5 sen in June (final FY18)
2.44 sen in Oct (Interim)

This year:
4.11 sen proposed final FY19
?? Interim in Oct

Try to get 85 sen or below next week if market drops.

Countries can get bankrupt also..

Better start farming then

Sustainable high dividend stocks generally will make a comeback when sky is clear.

Yes, buying now, may suffer in capital loss due to general overall market in down trend.
But at the same times, we can't know when or what price is the bottom.

With interest rate slashing across the world now, treasuries merely 0.7%, good and high dividend stocks become attractive to investors, and is one of the reason why some reit are making new high at this environment.

Banks won't easily go bankrupt overnight compared to prior before 2008 financial crisis.
Since the financial crisis, there are a lot of changes have been made on banking system, especially the requirement for banks to be well capitalised under Basel requirement.
Tier 1, Tier 2 capital basically tell tale of the banks situation.

It is potential fall in earnings that make banks stocks price sliding across recently, as interest cut and low loan growth generally put pressure on banks earning for short to medium term.

Only high leveraged corporate that lack of cash that can bankrupt overnight.
Look at cashflow and cash position of the listed company is essential to evaluate the risk currently.

I'm actually referring to companies that are in sunset industries. They may pay high dividends now but everything is 'priced in'.
I.e. other companies offer 4% dividend but these companies offer 7% dividend. Eventually the capital loss per year is 3% offsetting the additional 3% dividend.
Examples can be seen in O&G even in the absence of terrible economic conditions):


8.39% dividend

7.30% dividend

Yeah, but Barings Bank collapse wasn't caused by lack of reserves but rather a rogue employee combined with weak internal controls.
Basel, statutory and regulatory requirements are not foolproof too. I used to audit banks and the reserves were underprovided due to human error/intention to boost profits as these are based on the accuracy of the bank's calculation.

I have more to say but can't for obvious reasons. Just believe me when I say banks are not 'guaranteed' safe. In fact, I feel that banks in general are riskier than companies with 50% gearing.

Just look at India YES Bank.

Wanted to quote that as example but from what I've heard, that bank has already been suffering internal management problems for quite a long time.

What I meant is bank is not always guarantee wan...

Pretty decent week.
Portfolio value +5.3%

33k USD = 5.3% ....... that means you've 623k USD?? fuiyoh!!!!!!!!

Market so bad now *sob* *sob*